Senator Ted Stevens appeared before Commonwealth North members in Anchorage on Friday, March 12, 2010. He made the case for giving investors the cover to consider another route and mode of transportation for some 35 Tcf of Alaska North Slope natural gas, nearly a 2 year supply for the entire United States--or, about 6-8% of the Nation's annual demand if produced over a 20 year timeframe. The advent of improved shale gas technology convinces Stevens that now the best market for Alaska's gas may well be Pacific Rim markets. He is further convinced that current and developing coal-to-gas technology might enhance the economics of such a project while providing access by Alaska's major population center near Anchorage to a plentiful supply of energy. Sensitive to the importance of free market decision making, however, he did not argue for heavy handed bureaucratic meddling with pipeline finances and investments as has been done in the past. Rather, he suggested that the state government and private industry begin to immediately consider this option in light of changing market conditions. See our webpage for more information and links to news stories: http://www.northerngaspipelines.com/content/mackenzie-sponsors-challenge-thei...
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